Aimco Reports Second Quarter 2020 Results
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Aimco (AIV) Tops Q2 EPS by 24c
August 3, 2020 4:25 PM EDTAimco (NYSE: AIV) reported Q2 EPS of $0.26, $0.24 better than the analyst estimate of $0.02. AFFO was $0.55.
Chairman and Chief Executive Officer Terry Considine comments: The second quarter 2020 economic contraction was the most abrupt and most severe in US history. The resilient Aimco business absorbed the financial blow and is now recovering from the shock of the pandemic and the lockdown of the economy. In mid-March, the pace of Aimco leasing was cut in half. Ten weeks later at the end of May, we... More
